… Edmond Kombat, highlighted the significant strides made in ramping up refinery operations, with particular emphasis on the swift and smooth execution of ongoing restart and supply processes—demonstrating renewed operational discipline at the refinery. …
… Mr Edmond Kombat, Managing Director of TOR, briefed the Managing Director of GOIL and his team on progress ramping up refinery operations, including the swift and smooth execution of ongoing restart and supply processes. …
… The Managing Director of TOR, Mr Edmond Kombat, also announced that the refinery’s unaudited accounts from 2019 to 2025 had now been successfully audited. …
… We haven’t put a single Cedi into this rebound.” The President commended Dr John Jinapor, the Minister of Energy and Green Transition; Mr Nayon Bilijo, the Board Chairman of TOR, Mr Edmond Kombat, the Managing Director of the TOR, and the staff of the state-owned oil refinery for …
… Technical revitalisation of the CDU, described as the “heart” of the refinery, was led by Managing Director, Edmond Kombat and a dedicated Turn around Maintenance Team. …
… According to a Facebook post by TOR Managing Director Edmond Kombat, the visit forms part of efforts to promote strategic partnerships aimed at revitalising Ghana’s energy sector. …
… Managing Director of TOR, Edmond Kombat, outlined key milestones achieved under the recovery programme and highlighted the strategic priorities guiding the next phase of the refinery’s transformation agenda. …
The Legal Green Association of the Ghana School of Law will hold its maiden Law Students' Conference on September 11, 2026, in Accra, bringing together law students from LLB, Pre-Bar and Professional Law School programmes to discuss legal practice, political leadership, the legislative process, legal ethics and youth participation in governance.
The Legal Green Association of the Ghana School of Law will hold its maiden Law Students' Conference on September 11, 2026, in Accra, bringing together law students from LLB, Pre-Bar and Professional Law School programmes to discuss legal practice, political leadership, the legislative process, legal ethics and youth participation in governance.
Tema Oil Refinery and Ghana Oil Company Limited held a strategic meeting to explore further opportunities for collaboration in the supply and off-take of petroleum products, building on their existing business relationship and focusing on strengthening supply security and market resilience.
Tema Oil Refinery and Ghana Oil Company Limited held a strategic meeting to explore further opportunities for collaboration in the supply and offtake of petroleum products, aiming to strengthen cooperation within Ghana's downstream petroleum sector and enhance supply security and price stability.
President Mahama inaugurated Tema Oil Refinery's refurbished Crude Distillation Unit and other restored facilities, declaring the refinery restored to operational capacity. The government has directed development of a strategic plan to expand TOR's capacity from 40,000 barrels per day to 100,000 barrels per day, positioning it as a driver of Ghana's industrial development.
President Mahama has reiterated the government's commitment to expanding Tema Oil Refinery's production capability and directed the Energy Minister to work with TOR's Board to present a strategic plan for capacity expansion to 100,000 barrels a day. He also committed to restructuring the refinery to eliminate political interference and said the move aligns with the government's broader economic transformation agenda.
President John Dramani Mahama has commissioned the refurbished Crude Distillation Unit of the Tema Oil Refinery, restoring the state-owned facility to full operation after processing one million barrels of Jubilee Field crude oil. Mahama stated the rehabilitation strengthens Ghana's industrial capability and reduces dependence on imported petroleum products.
President John Dramani Mahama has officially commissioned the refurbished Crude Distillation Unit at the Tema Oil Refinery as part of the government's "Energy Sector Reset Agenda". Mahama stated that the refinery, which had become dormant under a private operating arrangement, has been restored as a strategic national asset to affirm Ghana's ability to utilise its own natural resources.
President Mahama has directed the Energy Minister and TOR's Board to develop a strategic roadmap to expand the Tema Oil Refinery's production capacity to 100,000 barrels of crude oil per day, announced during the commissioning of the refurbished refinery and marking TOR's processing of one million barrels of locally produced Jubilee Field crude.
The Ga Mantse, King Tackie Teiko Tsuru II, has led investors to the Tema Oil Refinery to explore collaboration and investment opportunities. The visit is part of efforts to promote strategic partnerships aimed at revitalizing Ghana's energy sector and attracting investments to support the refinery's long-term sustainability.
Tema Oil Refinery management held a stakeholder engagement with civil society organisations on July 23 to update them on the refinery's ongoing recovery efforts and transformation agenda aimed at restoring full operational capacity and strengthening Ghana's energy security.
The Ministry of Energy and Green Transition is commissioning a comprehensive audit of state energy sector agencies' balance sheets to identify and remove government-related debt, enabling entities like Tema Oil Refinery to access commercial financing more easily. TOR's Board Chairman disclosed the company inherited approximately US$517 million in legacy debt when the current Board began in July 2025.
Tema Oil Refinery's Managing Director says he has initiated direct conversations with government on mechanisms to recapitalise the company's balance sheet, including releasing TOR's outstanding ESLA receivables of at least GH¢1.6billion, to address an accumulated deficit of GH¢7.869billion and negative equity position of GH¢4.53billion.
Ghana's energy minister John Abdulai Jinapor disclosed that his ministry is in discussions with the Finance Ministry to commission a comprehensive audit of state energy sector agencies' balance sheets to identify and remove government-related debt that constrains their access to commercial financing. TOR's Board Chairman stated the company inherited approximately US$517 million in legacy debt when the current board was inaugurated in July 2025.
The state-owned Tema Oil Refinery has completed audited financial statements for 2019–2024 and 2025, clearing a six-year backlog and submitting seven audited reports to the State Interests and Governance Authority by May 2026. Managing Director Edmond Kombat said the refinery had not produced audited financial statements for six consecutive years when he took office, and restoring this capability was essential for credibility, investment, and sound management decisions.
Tema Oil Refinery has completed audited financial statements for 2019–2025 and posted a Profit Before Tax of GH¢1.24 billion in 2025, its first year of profitability in a decade. The State Interests and Governance Authority commended the refinery for resolving the audit backlog and achieving financial recovery through improved governance and operational reforms.
Tema Oil Refinery Managing Director Edmond Kombat was honoured for exceptional leadership and strategic vision at the 10th Ghana CEOs Summit. The recognition follows TOR's recent receipt of one million barrels of Bonga crude oil and efforts to revitalise refinery operations.
Benjamin Nsiah of the Centre for Environmental Management and Sustainable Energy calls for Ghana's Petroleum Act to be reviewed to guarantee consistent allocation of locally produced crude oil to the Tema Oil Refinery, arguing that domestic feedstock is critical to reviving the refinery's operations. He expresses concerns that TOR's financial position makes it unlikely the refinery can sustain plans to import crude from the West African region given rising global energy and shipping costs.
Tema Oil Refinery is turning to West African crude oil to restore stable operations and support long-term recovery, with discussions ongoing on how Ghana's crude allocation could guarantee more consistent feedstock supply. The move is part of wider repositioning efforts following years of financial difficulties, operational challenges, and external market pressures including global crude supply disruptions and rising shipping costs.